Category Archives: Housing Sector
What It’s REALLY Like to be a Real Estate Agent: the G...
Hi friends! We’re going to do something a little different with this post. If you follow my blog, you know that I often post informational content for CT homebuyers and sellers. Market updates, ideas for downsizing, tips for getting the best deal on your purchase or sale…I love helping you better understand the real estate market and make it work for you. But I’ve …
What the NAR Settlement Means for Buyers and Sellers i...
The National Association of REALTORS® (NAR) recently announced a surprising $418 million proposed settlement with a group of home sellers from across the country. Home sellers had filed multiple class action lawsuits against the NAR, accusing the NAR of inflating real estate agent fees. This is a complicated issue with lots of moving parts, but I want to help local buyers and sellers in …
What the NAR Settlement Means for Buyers and Sellers i...
On Friday, March 15, 2024, the National Association of REALTORS® (NAR) announced a surprising $418 million settlement with a nationwide group of home sellers. The settlement aims to resolve claims in multiple antitrust class actions against NAR. These lawsuits accused the NAR and several of the nation’s largest residential real estate brokerage companies of requiring home sellers to pay inflated real estate fees. This …
Connecticut Housing Market Outlook for 2023
As 2022 comes to a close, I’m getting questions about what the Connecticut housing market will look like in 2023. Will home prices continue to increase? Will sellers still get multiple offers? Will the market collapse? I’m going to give you seven predictions here in my Connecticut Housing Market Outlook for 2023. And I’ll tell you how to capitalize on these market conditions in …
When Is the Connecticut Housing Market Going to Crash?
As a real estate professional, I’m always happy to answer questions about the Connecticut real estate market. And one question I’m getting over and over in 2021 is when is the housing market going to crash? We’ve seen Connecticut real estate values explode over the past few years. This is great news for homeowners who are enjoying increasing equity. But it also has some …
When’s the Best Time to Sell Your House?
When’s the best time to sell your house sounds like a simple question. In fact, you’ll find lots of simple answers online. Some people say spring and summer are always best. Others say a seller’s market is the best time to sell, regardless of the season. But I want to give you the real answer. The fact is, there is more than one factor …
A Historic Rebound for the Housing Market
Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales Index (PHS) is: “A leading indicator of housing activity, measures housing contract activity, and is based on signed …